Asian Restaurant for sale in Glendale, CA

Glendale, CA (Los Angeles County)

Dinning area

Asking Price:$99,000

Cash Flow:$36,000

Gross Revenue:$327,500

EBITDA:$36,000

FF&E:$50,000

Inventory:N/A

Established:2005

Asian Restaurant for sale in Glendale, CA

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Business Description

Well establised Asian Restaurant in Glendale, California, It is located on the Brand blvd in the heart of Glendale City and on the most busy street in Glendale, There are nearby shopping mall, lot of office building, new high rise apartment coming up and 5-10 minutes walk to Americana Shopping Mall and famous Glendale Gallaria Shopping mall. It is turnkey restaturant, new owner can adjust to new food service . The price is include the beer Wine license, furniture-fixtures and full restaurant equipment. Customer base and good will. New owner can increase the sale by offering the delivery service.

Detailed Information

Employees:
5
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Located on the Brand blvd in the heart of the city of Glendale City and it is on the most busy street in Glendale, There is full Restaurant equipment, with 2 restrooms, The restaurant is serve Lunch from 11.00 AM to 9.00 PM, Restaurant area can seats around 39 seats (about 9 tables )with small counter bar and reception area on the front. The 2nd floor is used as the office and storage, May be new owner can convert to more seats. There are plenty of public meter parking on the back and front of the building, there are 2 assigned parking spaces for tenant on the back of the building.
Competition:
Well established Asian Restaurant in Glendale. Located on the Brand blvd in heart of Glendale City and on the most busy street in Glendale, There are nearby shopping mall, lot of office building, new high rise apartment coming up and not too far from Americana Shopping Mall and famous Glendale Galleria Shopping mall. There is a few competitor for the same type of food services,but the population is growing in the city and there are more rooms for new owner. New owner can increase sale by offering the delivery services to residence or office nearby.
Reason for Selling:
Owner want to retire

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Sam Nakorn

Business Listed By:
Sam Nakorn

Keller William Real Estate Service-Glendale

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